The capital, Albany, is at the joint of the L, and seems to benefit — thrive would be too strong a word — whichever way the fortune flows, but it is still remote, in the way of capitals, like Brasília or Canberra, that were designed not to favor one constituency over another, except perhaps the one in residence.
Best of all, accounting rules let repo participants set aside little in the way of capital against the trades.
There have been good dividends, but not much in the way of capital gains, particularly in the last five years.
"Although we are talking about some facts that are very gruesome, the people of Puerto Rico do not approve in any way of capital punishment," said Arturo Luis Dávila Toro, the president of the Puerto Rico Bar Association.
Economists said the problem appeared to stem in particular from the lackluster stock market, which generated little in the way of capital gains while also depressing compensation for people who are paid partly with stock options.
While household spending remained the major growth driver businesses also didn't let the referendum get in the way of capital expenditure plans, with business investment returning to growth after a weak start to the year.
He cautioned, however, that "our expectation is for a very muted bull market because the U.S. will not produce much in the way of capital gains realizations," in part because investors have so many losses they can use for tax purposes to offset future gains.
So, presumably, ETFs don't have much in the way of capital gain distributions.
The incubator tenants also enjoy additional value addition activities by way of capital investment and access to expert networks with the prospect of venture capital.
Julie did not have access to much in the way of capital for marketing, so she used used every tool in the book to promote her company.
Venture capital is a single star amid the entire Milky Way of capital, and it is truly a rounding error of the total wealth of the world, or even the wealth that is managed by investment firms.
